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Every Corporate Insurance Agent license holder must abide by the code of conduct as specified by the IRDAI, i.e., the Insurance Regulatory and Development Authority of India. We have discussed most of ....
After completing an NBFC registration process, the NBFC can fully function as a financial institution. It can provide loans to the needful borrowers and accept deposits from enthusiastic depositors. T ....
Every NBFC registration or NBFC license holder company has a type. An NBFC is set up for a wide variety of purposes. The intent of the Rbi to set up different kinds of NBFCs in India is to utilize the ....
What is a PPI?
PPI, or a Prepaid Payment Interface, is an instrument that facilitates the following services against the value stored within it. Therefore it is also termed a Prepaid Wallet.
A Current Account Transaction is defined as a forex transaction which is a distinction from a capital account transaction. Such transactions include:
FEMA consultants are perhaps the most underappreciated business professionals in the world. Having the knowledge of both Indian, and foreign accounting techniques, these professionals provide a wide v ....
What is an Import License?
If you're an importer of pre-packaged products and want to distribute or sell them in your domestic market, then you need oversight from some Metrology Department, which ove ....
Import License in India: Why was it sought during COVID?
The Centre government, during the COVID-19 Pandemic, expedited the clearance process to import nebulizers, oxygen concentrators, and other lif ....
Every Dealer Certification holder must abide by the provisions of the Legal Metrology Prepackaged Commodity (LMPC) Rules to run its operations smoothly in the market. Here in this article, we have dis ....
Legal Metrology Dealer
A Legal Metrology Dealer certificate license is the legal permit required for dealing in weights as well as measurement products. The Department of Legal Metrology issues a dea ....
Every Business interested in manufacturing a pre-packaged commodity or a calibrated instrument must obtain the requisite License for Manufacturing from the Department of Legal Metrology. The License f ....
Legal Metrology Packaging Manufactured Commodities Rules
Every holder of a Manufacturing License in India must conform to the Legal Metrology Packaging Commodities rules specified in the LM Act. To e ....
Legal Metrology License: Quantity Declaration on Packages
Department of Legal Metrology governs the packages regulations of the manufactured or imported commodities as well as the manufacture and imp ....
Legal Metrology Act Registration
The Legal Metrology Act of 2009 is responsible for establishing standards of weights and measures. The Bill regulates trade and commerce in terms of weights a ....
In this article, we will discuss about the Insurance Self-Network Platorm's requisite guidelines for registration with the IRDAI as well as the ISNP Compliance that must be timely filed along p ....
Insurance Self Network Platform simply an ISNP, is an e-commerce portal dedicated to selling insurance products and services in India. E-commerce websites sell everything that a person needs to satisf ....
Every Insurance Marketing Firm that the IRDAI licenses to operate in the Insurance Market must appoint a Principal Officer as its legal representative. The Principal Officer, so appointed, represents ....
An Insurance marketing Firm is one of easiest insurance entities to start in India. Being a special type of insurance infrastructure – the services it provides are far beyond selling policies. I ....
P2P License is an RBI-issued business permit to establish a Peer to peer lending platform that allows borrowing and lending of money by way of crowdfunding. It is a new way of lending and borrowing in ....
An Insurance Surveyor and Loss Assessor is an Insurance entity registered with the IRDAI tasked with conducting surveys on insurance claims and assessing the loss incurred by the Company by the concer ....
Insurance Surveyors and Loss Assessors are high-end professionals hired by Insurance Companies. They assess the actual loss arising from fortuitous events such as mishappenings, fire, burglary, natura ....
Courtesy of the awareness that has finally reached the public. Legal metrology consultants are on the rise. Finally, realizing the importance of getting a legal metrology certificate, people are rushi ....
Legal metrology consultants are not the most sought-after experts in India. However, with the rise of manufacturing in the country, their demand is increasing. It has created an environment of despera ....